re: #227 Anymouse 🌹

Hot take from Foreign Affairs:

Why Trump Can Safely Ignore Europe: It’s Leaders Readily Condemn but Rarely Act

(more)

started reading the article: one paragraph struck me

“The simple answer is that Europeans need the alliance more than the Americans do. For Europe, the transatlantic alliance is its rock of stability in an otherwise ever-changing world and the foundation on which it has constructed European security and European integration.”

And that is the issue: the USA is no longer a stable partner. They really have to look at the ascending powers in the world (Russia, China) and come to terms with them without relying on the USA any more..

“In Greece, for example, policymakers look to Washington for protection not from Russia or terrorism but from Germany’s stringent economic policies. “

Because American banks own the default insurance on Greek debt. If Greece is allowed to go under, the US will wind up eating their losses, not Europe.